Pakistan’s manufacturing exports are primarily concentrated in the field of textile. I think textile constitutes more than 50% of manufacturing exports. But now due to gas crisis in Punjab, the textile industries are closing one after another. The situation is especially grave in Faisalabad, which is the center of textile industry in Pakistan.
I am afraid this potential collapse of textile industry in the province will bring a disaster to the whole country. Its repercussions will be felt all across the country.
That’s a bad bad news for Pakistan.
I wonder what plans provincial and federal governments have to overcome this?!
Re: The concerned state of Punjab's textile industry
Pakistan's manufacturing exports are primarily concentrated in the field of textile. I think textile constitutes more than 50% of manufacturing exports. But now due to gas crisis in Punjab, the textile industries are closing one after another. The situation is especially grave in Faisalabad, which is the center of textile industry in Pakistan.
I am afraid this potential collapse of textile industry in the province will bring a disaster to the whole country. Its repercussions will be felt all across the country.
That's a bad bad news for Pakistan.
I wonder what plans provincial and federal governments have to overcome this?!
It has been discussed before, sadly many people were actually happy that industry in Punjab is suffering.
Factories are closing down, THOUSANDS of people are out of jobs and probably hundreds of thousands more people are lilkely to lose jobs if we continue to have load shedding.
It's totally unbelievable that no one cares about it, we can understand that it can be difficult to control food prices at times but surely something could be done about this load shedding otherwise we will have absolutely NOTHING to export. I don't know how that's going to be a good sign for Pakistan ( not just punjab).
Re: The concerned state of Punjab's textile industry
You are not wrong, everyone has become so selfish that no one really cares about the future of our country. The economy is getting bad to worst and politicians richer by the day
Re: The concerned state of Punjab's textile industry
this is not only in Faisalabad, its all over major industrial cities in the Punjab province... the medical/ surgical, sports and leather goods export industry in Sialkot is severely hit in last 2 years, and the small industries and home business run in Gujrat and Gujranwala are almost closed, only large groups are able to survive, and that with increased costs and layoffs...
the number of workers who permanently lost their jobs is in several thousands, and the number of daily wages workers who are able to work only 3 days a week is even bigger, that is in hundreds of thousands for sure...
think about 4500 workers terminated from KESC, most of them were either inducted on political basis, or they were surplus or were not performing well, but our ruling parties PPP and MQM made a mess out of it, politicized a pure administrative and management matter, and pressurized the private organization to reinstate all of them... but here, the number is in hundreds of thousands, and they all are willing to work, they are not surplus, and they are mostly labours who are not involved in any kind of politics, but nobody cares...
i personally know a guy who's relatives in gujranwala had a small business related to electrical equipments, and they used to operate from home, but due to non availability of gas and electricity they have now shut down, and are jobless... in that area there are so many other families like that
Re: The concerned state of Punjab's textile industry
pakistan needs to deregulate the power sector since they cant deliver the services themselves. there has to be a power generation company that is willing to supply factories at a price they are able to pay in order to remain open.
Re: The concerned state of Punjab's textile industry
^ talking about deregulating the whole power sector? they do not even allow industrial unites to generate their own power. I know at least 2 examples from my personal contacts. one is "Pakistan PTA" which was formerly owned by ICI UK, and the other Sitara Textile, which wanted to open up a new production facility in Karachi. both wanted to have their own power generation, and they were offering surplus power to be included in KESC's grid, but both were refused by our great mush/ shortcut aziz back in 2004-5... only those who offer huge kick backs are allowed business
Re: The concerned state of Punjab's textile industry
Textile was one of the very few fields that we excelled in internationally and beside providing employment to 100s of 1000s of people, it also constitutes big portion of foreign-exchange. It will be a disaster to see so many people unemployed and lose so much foreign-exchange at the same time.
Personally to me, seeing textile products Made in Pakistan in stores from Walmart to Macy's and Lords and Taylor was a great source for sense of happiness and pride. Unfortunately we are losing ground to non other than Bangladesh.
Federal and Punjab govt should tackle the issue before its too late (unless its too late already) :(
